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20121121
20121129
Search Results 0 to 14 of about 15 (some duplicates have been removed)
-and-mortar renovation of it's flagship store in new york city. it's also investing in technology to beef up it's online presence. "n.b.r.'s" ruben ramirez caught up with macy's c.e.o. terry lundgren in new york this morning and began by asking him how sales are going. both in store and on-line. >> they're both growing and that's the good news for us and while the online business has been spectacular for macy's for several years, we really look at the consumer as an omnichannel consumer. so she comes in, she does her research on her phone. she decides what store she wants to shop. what items she wants to shop for. maybe going back to her desk and pulling the trigger there. so i think that's what happening today. so the line between online and physical stores is blurred. >> reporter: the past several years consumers have opened their wallets around the holidays but come january it seemed that that optimism faded. what are you expecting come january 2013? >> we've had 11 consecutive quarters of consistent growth of sales and earnings at macy's inc. we've found the formula. a lot of retailers depend on jan
of early r&b vocal groups that began to cross over into the culture of the big cities and helped us identify ourselves in the process. [applause] and now... thank you. and now the capitol recording stars, the singing five keys! ♪ ♪ i sa mok em boo di ay ♪ i sa mok em boo ♪ i went to china town ♪ way back in old hong kong ♪ took out some egg foo yung ♪ and then i heard a gong ♪ ling, ting, tong, tried to sing that song called ♪ ♪ i sa mok em boo di ay, i sa mok em boo ♪ we were the first rock-and-roll generation. before us, the kids had to listen to what their parents listened to, the big band. nothing wrong with the big band, but it's the first time the kid had his own music. ♪ and as i looked around ♪ the lights were going down ♪ and this is what i found ♪ a ling, ting, tong, tried to sing that song ♪ ♪ called i so mok em boo di ay, i so mok em boo ♪ bobby jay: there was a new market coming along that no one yet identified or targeted, the teenager. they were always there. in the '40s with sinatra they were called bobbysoxers. they didn't want to
: that and more tonight on nbr! >> susie: federal reserve chairman ben bernanke came to new york city today to send a tough message back to washington-- get your act together. he urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be "a very good one for the economy." ben bernanke didn't endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. he said an agreement on ways to reduce long-term federal budget deficits could remove road blocks to growth. on the other hand, going over the cliff might mean a recession. on top of that, worries about a deal were already causing trouble. > uncertainty about how the fiscal cliff, the raising of the debt limit, and the longer-term budget situation will be addressed appears already to be affecting private spending and investment decisions, and may be contributing to an increased sense of caution in financial markets. >> susie: wall street and business leaders were pleased that bernanke was talking tough. and they said the fe
the number one threat to his city's economy and disastrous for arizona jobs. >> in arizona, we would lose almost 50,000 jobs immediately. and we know that they're the right kind of jobs. 35,000 of those jobs would be in the defense and aerospace industries and in arizona, those are some of our highest paying jobs. >> reporter: that's the case in regions across the country where the defense industry is strong. one of those is johnstown, pennsylvania. the manufacturers that used to make steel here found new life making things for the u.s. military. but here at j.w.f. industries, defense orders are already starting to decline. they estimate the sequester could lead to a 60% profit cut and layoffs of more than 100 workers. >> we're in small town america. and it's not like we're in the beltway where if you lose this job, you can go to another job. there's another opportunity, you don't have that here. so anyone in the defense industry that's in small town america, is going to have a huge impact. >> reporter: so while all these cuts are one way to help washington get its fiscal house in order,
to theidely followed s&p case/schiller home price index. the survey tracks 20 metropolitan cities, and shows home prices were up 3% year over year in september. compared to august, prices inched up three-tenths percent higher. together, analysts say the numbers add up to a long recovery for housing. >> the housing market has clearly turned the corner and is well on its way to recovery. it's going to be a slow, steady, recovery rather than a booming, explosive recovery, because we still have a few years of distressed inventory we have to work through and some headwinds in the lending market. >> tom: nationally, prices are back to their mid-2003 levels. but they're still down 30% from the peak of the housing bubble. >> susie: last summer's drought fried much of the nation's corn crop, but it didn't scorch interest in owning farmland. in many parts of the corn belt, farmland values jumped 13% over the past three months, according to the chicago federal reserve bank. as diane eastabrook reports, a growing number of investors from pension funds to mutual funds are making farms a hot commodity. >>
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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